EU: Non-Electric Roasting Furnace Market 2024

Non-Electric Roasting Furnace Market Size in the EU

After two years of growth, the EU non-electric roasting furnace market decreased by X% to $X in 2022. Overall, consumption, however, continues to indicate resilient growth. The level of consumption peaked at $X in 2021, and then contracted sharply in the following year.

Non-Electric Roasting Furnace Production in the EU

In value terms, non-electric roasting furnace production fell significantly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, production attained the peak level of $X, and then reduced remarkably in the following year.

Non-Electric Roasting Furnace Exports

Exports in the EU

In 2022, shipments abroad of non-electric furnaces and ovens for the roasting or melting increased by X% to X units for the first time since 2016, thus ending a five-year declining trend. In general, exports, however, continue to indicate a abrupt decline. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, non-electric roasting furnace exports surged to $X in 2022. Over the period under review, exports, however, continue to indicate a noticeable curtailment. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units) and Italy (X units) represented the main exporters of non-electric furnaces and ovens for the roasting or melting in 2022, reaching near X% and X% of total exports, respectively. Spain (X units) took the next position in the ranking, distantly followed by the Czech Republic (X units). All these countries together held approx. X% share of total exports. The following exporters - the Netherlands (X units), Poland (X units), Belgium (X units) and Slovenia (X units) - together made up X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest non-electric roasting furnace supplying countries in the European Union were Germany ($X), Italy ($X) and Spain ($X), together comprising X% of total exports. The Czech Republic, the Netherlands, Belgium, Poland and Slovenia lagged somewhat behind, together accounting for a further X%.

The Czech Republic, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per unit, surging by X% against the previous year. Export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-electric roasting furnace export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other leaders experienced more modest paces of growth.

Non-Electric Roasting Furnace Imports

Imports in the EU

In 2022, approx. X units of non-electric furnaces and ovens for the roasting or melting were imported in the European Union; growing by X% on the year before. In general, imports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2015 with an increase of X%. The volume of import peaked at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, non-electric roasting furnace imports skyrocketed to $X in 2022. Over the period under review, imports, however, saw a perceptible curtailment. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Poland (X units), followed by Italy (X units), Greece (X units), Romania (X units), Germany (X units), France (X units) and Spain (X units) were the largest importers of non-electric furnaces and ovens for the roasting or melting, together creating X% of total imports. Austria (X units), the Czech Republic (X units), the Netherlands (X units), Belgium (X units), Denmark (X units) and Sweden (X units) took a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Greece (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-electric roasting furnace importing markets in the European Union were Poland ($X), Germany ($X) and Italy ($X), together accounting for X% of total imports.

In terms of the main importing countries, Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per unit in 2022, surging by X% against the previous year. Overall, the import price, however, continues to indicate a abrupt slump. The pace of growth appeared the most rapid in 2016 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Germany ($X per unit), while Denmark ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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